Inflation came in at 2.7% in May, down from April’s 2.9% and slightly below market expectations. May’s reading marked the...
Latest Global Economic News
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Korea: Inflation declines to lowest level since July 2023 in May -
Turkey: Economic growth records quickest upturn in three quarters in Q1 GDP growth accelerated to 2.4% on a seasonally adjusted quarter-on-quarter basis in the first quarter from 1.0% in the fourth... -
Japan: Industrial activity dips in April Industrial output declined 0.1% month on month in seasonally adjusted terms in April (March: +4.4% mom). The reading was partly... -
Switzerland: Economic growth records best result since Q2 2022 in Q1 GDP growth improved somewhat to 0.5% on a seasonally adjusted quarter-on-quarter basis in the first quarter, from 0.3% in the... -
Spain: Current account improves in March The current account posted a EUR 3.3 billion surplus in March, improving from the EUR 1.9 billion surplus posted in... -
Serbia: GDP growth records fastest expansion since Q4 2021 in the first quarter Economic growth sped up in the first quarter, with GDP expanding 4.7% on an annual basis (Q4 2023: +3.8% yoy).... -
Latvia: Economy returns to growth in Q1 A second national accounts release revealed that GDP rebounded in the first quarter, expanding 0.1% year on year. Q1’s upturn... -
Lithuania: GDP growth records a two-year high in Q1 A second national accounts release confirmed that seasonally and calendar-adjusted GDP growth accelerated to 2.9% year on year in the... -
Czech Republic: GDP growth inches down in Q1 The economy lost some steam in Q1 2024, when GDP growth waned to 0.3% in a seasonally adjusted quarter-on-quarter basis.... -
Estonia: GDP records smallest contraction in six quarters during Q1 GDP shrank at a milder pace of 2.4% year on year in the first quarter, compared to the 2.6% fall...